Small Business Grants - Support for Veterans
Page 2

The Patriot Express Loan is provided to members of the military community including service disabled veterans, veterans, widowed spouses of a veteran or a service member who died during service or of a service connected disability, and active-duty service members who participated in the military's transitions assistance program. However, the grant of this loan gives a level of authority to the lender who makes sure that the loan is used exclusively for business purposes only.

The role of the SBA in monitoring lenders is critical in the Patriot Express Loan process. It's the SBA's duty to observe whether the lender is taking reasonable measures to ensure that the debt is solely and exclusively used for small commercial purposes. All this work is carried out with appropriate proof and verification to get hold of guaranteed loans from federal agencies.

Unfortunately, the SBA is unable to grant special loan programs and funds to help either disabled persons or veterans. However, these people are still eligible for the rest of SBA's loan guaranty programs. Moreover, veterans are entitled for SBA's special consideration under the loan guaranty program.
Lenders are expected to make clear specifications that all loans provided by them must only be used for commercial reasons. On the other hand, small business loans for veterans have lower interest rates and the fees cannot be charged before the Patriot Express Loan is provided to the borrowers.

Small Business Grants - Support for Veterans
  Back to Page 1

About The Author Michael Saunders is an editor of TopGovernmentGrants.com. He edits a site on Government Grants for Women Owned Businesses and also edits Website on Government Grants for Small Business.

Additional Resources

category - Applying for a Grant

Coastal Impact Assistance Program
The Fish and Wildlife Service has recently established the Coastal Impact Assistance Program wherein the agency will provide a ceiling budget amounting to $250 million to be utilized in conservation, protection, and preservation projects of coastal areas, including wetlands.

---

Grants from the Federal Executive Branch of the Government
In this article, you will learn about the different departments that comprise the Executive branch of the government and how these departments can serve you.

---

Types of Financial Assistance From The Department of Education
The US Department of Education was initially created to encourage the promotion of student achievement and their preparation for global competitiveness by way of fostering academic excellence and ensuring equal access to quality education.

---

Grants From The Department of Commerce
In this article, you will discover the services offered by the Department of Commerce as well the different programs that could potentially help you in which ever way possible.

---